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Obchodní podmínky
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The bearish trend in USD/JPY broke as soon as the quotes hit 136. However, after a sharp rise, the pair went back to the 50% retracement level.
The current situation presents a great opportunity to open long positions, especially since there is a three-wave pattern, in which wave A represents the bullish pressure this week. This means that traders can enter the market by buying from the 50% retracement level or from a false breakdown of 136, then set stop-loss at 134 or after the false breakout of 136. Exit by taking profit upon a breakout around 138.0 and 142.5.
This trading idea is based on the "Price Action" and "Stop Hunting" methods.
Good luck and have a nice day! Don't forget to control the risks.
Díky analytickým přehledům společnosti InstaForex získáte plné povědomi o tržních trendech! Jako zákazníkovi společnosti InstaForex je Vám k dispozici velký počet bezplatných služeb umožňujících efektivní obchodování.
